I was turned down by two credit unions today for a $3,900 auto loan. I am looking to buy a 98 Z28 for $5,000. I will be putting $1,100 down. I make $50k per year. The credit unions both told me my score was too low to approve the loan. Any suggestions on where to go to get a loan so that I can buy this car? Thanks!
Posts Tagged ‘Score’
What type of home loan is best for someone with 680 Credit score, no money down?
Posted by admin on July 29th, 2010
I’m looking to buy a home. My credit score is 680, but I have no money to put down. What is the best loan option for me? A friend is buying a home and he says his rate is 1% and his mortgage increases by 1% per year. Not his interest rate, but his mortgage payment. That doesn’t sound right to me. Any advice?
What are the chances of car loan with a credit score of 511 and a cosigner?
Posted by admin on July 18th, 2010
I have a credit score of 511 and am looking to purchase a car for 11,000. I have a cosigner with excellent credit. What are the chances of me getting a loan in Colorado? Should I be looking at Credit Unions?
